ARTICLES ABOUT SONATA BY DATE - PAGE 4

NEW DELHI: Car maker Hyundai showcased a a new version of Sonata, which it expects to launch in India by February end. This is the sixth version of the Sonata car. The firm did not reveal the price of the new car but said it will announce it by the end of February. Also check: ET Special: Full coverage: Auto Expo 2012 | First pictures of the grand launches! "The new Sonata will strengthen our brand signature," HMIL Managing Director and CEO H W Park said.

Delhi's auto jamboree is all set to raise a bit of dust. The 11th edition of Auto Expo, starting from January 7, will be the platform for the launch of the world's best mini sports car, the BMW Mini. And keeping in mind the Indian consumers' penchant for buying "value-for-money" goods, carmakers have lined up a number of fuel-efficient models. In fact, during the expo, 60 new cars and upgrades would be launched. ET on Sunday lifts the veil on five show-stoppers of the week-long event BMW Mini Segment: Premium Compact Car Price: Rs 25 lakh Specifications Engine: 1.6 litre Maximum power (bhp)

NEW DELHI: India's $88-billion IT-BPO industry, already reeling under a slow global demand situation, is likely to face more taxes at home. A Karnataka High Court ruling is likely to hit the likes of GE , Sonata Software and HP as all payments made for imported software will face withholding tax after the verdict. The eagerly-awaited decision that covered appeals from as many as 15 software players could impose hundreds of crores in taxes on them, spelling a big gain for the government's revenue department.

MUMBAI: Sonata Software's net profit slipped to Rs 11.89 crore for the quarter ended June 2011 against Rs 14.86 crore in the corresponding quarter a year ago. Total operating income was at Rs 62.42 crore as compared to Rs 62.95 crore. The stock was at Rs 40.65, down 5.36 per cent on the NSE . It touched a high of Rs 43.35 and low of Rs 40.50 in trade so far.

MUMBAI: Bangalore based IT company Sonata Software today reported a 51 per cent decline in its consolidated net profit at Rs 8.84 crore for the quarter ended on June 30, 2011. During the same period a year ago, the company's net profit stood at Rs 18.23 crore. Total income of the company for the first quarter of the ongoing financial year was marginally up at Rs 338.77 crore from Rs 332.76 crore posted in the same period a year ago. Shares of company today closed at Rs 40.60 apiece, down by 5.36 per cent compared to its previous close, at BSE .

MUMBAI: Sonata Software today said it has appointed Gyana Pattnaik as Head-Open Source , Testing and New Technologies. Gyana will be responsible for building internal capabilities and will also work closely with a team of technology experts at Sonata to drive the company's initiatives in the areas of mobility and cloud computing, the company said in a filing to the Bombay Stock Exchange. . Toshiba Japan partners Chennai-based Forms and Gears Japanese engineering major Toshiba Japan has partnered with Chennai based fixture builder Forms and Gears to develop the largest set of hydraulic machining centre fixtures designed and developed in India.

Ashwani Gujral , Chief Market Strategist, ashwanigujral.com, in a chat with ET Now, gives his views on Sonata Software What do you think about Sonata Software? Over the years, this has been a nothing kind of stock. It reached highs of Rs 280 in the 2000 boom. Post that, it has been doing this Rs 15 on the downside and probably Rs 65-70 on the upside, so generally these kind of stocks are good when they are bought around Rs 20-25 bucks.

As the pricing environment show signs of positive bias, mid-tier IT companies are set to take some calculated risks which may pay off in the days to come. B Ramaswamy , president and managing director of the Bangalore-headquartered Sonata Software talks about the growth scope for mid-range technology firms in the days to come and Sonata's plans to address the new opportunities. Excerpts: How close are some of the mid-tier firms to breaking into the billion-dollar league?

The Shiv Nadar-promoted HCL Group and multinational distributor of IT products, Ingram Micro , are in talks to buy a controlling stake in Bangalore based software firm, Sonata Software , three people familiar with the transaction told ET. "The two (HCL and Ingram Micro) are leading the race. HCL is doing due diligence," one person said. Sonata, a mid-sized software provider focused on offshore software services and domestic software products distribution and implementation.

MUMBAI: The Shiv Nadar-promoted HCL Group and multinational distributor of IT products, Ingram Micro, are in talks to buy a controlling stake in Bangalore-based software firm, Sonata Software , three people familiar with the transaction told ET. "The two (HCL and Ingram Micro) are leading the race. HCL is doing due diligence," one person said. Sonata is a mid-sized software provider focused on offshore software services and domestic software products distribution and implementation.